Featured Businesses

Posted by Peter, on January 20, 2017 (Source: Bloomberg New Energy Finance)

Australian clean energy investment was $4.29 billion in 2016 – an increase of almost 50% compared with 2015. However, the level of investment fell short of the over $5 billion levels reached between 2010 and 2013.

According to Bloomberg New Energy Finance, there was at least $1.81 billion of wind and $451 million of commercial solar financings.

The amount of installed capacity rose 1.4% to 725 megawatts.

Worldwide, new investment in clean energy fell to $us287.5bn in 2016, 18% lower than the record investment of $us348.5bn in 2015 and 9% lower than the $us315bn invested in 2014. The fall was largely due to reductions in investment in new large-scale projects in Japan and China, following record years and also to falling equipment costs meaning that less investment is needed for the same output.

Related articles:

Comments are moderated and, so, may not appear immediately.There is no need to resubmit.
Inappropriate or irrelevant comments will be removed at an admin’s discretion.
Your email is used for verification purposes only, it will never be shared.